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Are businesses ever concerned about the impacts of what they do on society or are they just interested in profits?
November 22, 2011 10:19PM
Businesses who care only about profits are often called shareholder models and ones who care about their impacts are called stakeholder models. In general, it is necessary, at least to some level, for firms to be concerned with their effects on society to the extent that such effects will influence decisions to buy and/or support the firm.